CPFL Energia S.A. (CPFE3.SA)

Sao Paolo - Sao Paolo Delayed Price. Currency in BRL
24.190.00 (0.00%)
At close: 4:07 PM EDT
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Prev Close24.19
Bid24.20 x
Ask24.22 x
Day's Range24.13 - 24.33
52wk Range13.27 - 24.55
1y Target EstN/A
Market Cap24.62B
P/E Ratio (ttm)22.76
Avg Vol (3m)1,779,403
Dividend & YieldN/A (N/A)
Earnings DateN/A
  • Reuters2 days ago

    CPFL says shareholder Energia SP FIA to exercise tag-along rights

    Brazilian power company CPFL Energia SA shareholder Energia São Paulo Fundo de Investimento em Ações has decided to exercise tag-along rights in a deal with China's State Grid Corp, according to a securities ...

  • The Wall Street Journal4 days ago

    [$$] China's State Grid to Acquire Additional Stake in Brazil's CPFL

    China’s State Grid will acquire a 29.4% stake in Brazilian power distributor CPFL from local pension fund Previ in a deal valued at $2.3 billion.

  • Reuterslast month

    State Grid to conclude Brazil's CPFL deal Friday -source

    State Grid Corp of China plans to sign final terms of the purchase of a 23.6 percent stake in Brazilian power holding company CPFL Energia SA from conglomerate Camargo Correa SA as early as Friday, said a person directly involved in the matter. On July 1, State Grid, the world's largest utility, agreed to pay 5.9 billion reais ($1.8 billion) for Camargo Correa's stake in CPFL, part of an effort to expand in Latin America's largest economy. Under terms of a shareholder accord, State Grid had to extend the same offer to other shareholders, including Previ Caixa de Previdência dos Funcionários do Banco do Brasil and an investment vehicle called Bonaire - which has four other state-run pension funds.